NOT LISTED FOR SALE

2450 Lema Rd SE Rio Rancho, NM 87124

Western Hills Neighborhood

Estimated Value: $296,000 - $327,000

3 Beds
2 Baths
1,400 Sq Ft
$221/Sq Ft Est. Value

About This Home

This home is located at 2450 Lema Rd SE, Rio Rancho, NM 87124 and is currently estimated at $308,778, approximately $220 per square foot. 2450 Lema Rd SE is a home with nearby schools including Martin Luther King Jr. Elementary School, Lincoln Middle School, and Rio Rancho High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2022
Sold by
Roger Borth George and Roger Winifred B
Bought by
Arriola Jessica Elizabeth and Arriola Jason
Current Estimated Value
$308,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$190,268
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$118,510
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Arriola Jessica Elizabeth -- New Title Company Name
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arriola Jessica Elizabeth $200,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,224 $92,150 $22,895 $69,255
2024 $3,175 $89,466 $20,857 $68,609
2023 $3,175 $86,860 $18,333 $68,527
2022 $1,181 $38,316 $8,651 $29,665
2021 $1,152 $37,200 $8,603 $28,597
2020 $1,125 $36,117 $0 $0
2019 $1,093 $35,065 $0 $0
2018 $992 $34,044 $0 $0
2017 $945 $33,053 $0 $0
2016 $1,059 $33,053 $0 $0
2014 $1,023 $33,053 $0 $0
2013 -- $27,053 $8,378 $18,675
Source: Public Records

Map

New Mexico Sandoval County Rio Rancho 87124 Western Hills

2450 Lema Rd SE, Rio Rancho, NM

This home is located at 2450 Lema Rd SE, Rio Rancho, NM 87124 and is currently estimated at $308,778, approximately $220 per square foot. 2450 Lema Rd SE is a home with nearby schools including Martin Luther King Jr. Elementary School, Lincoln Middle School, and Rio Rancho High School.

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